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ans please all QUESTION 36 Which of the following statements is true regarding vertical analysis? Cross-sectional analysis compares financial data for a single entity over

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QUESTION 36 Which of the following statements is true regarding vertical analysis? Cross-sectional analysis compares financial data for a single entity over time. Common size financial statements are used to compare companies of different sizes. Trend analysis compares a company's financial data to industry averages. Time series analysis is effective for comparison of different companies over time. QUESTION 37 When a corporation issues a stock dividend, which of the following is true? Cash decreases. Total stockholders' equity remains the same. Total stockholders' equity decreases. Retained earnings is increased QUESTION 39 Mercury Corporation reported the following information on its financial statements: Accounts receivable Prepaid expenses Accounts payable Salaries payable Net income Depreciation expense Gain on sale of equipment 2014 $150,000 9,000 65,000 12,000 200,000 14,000 6,000 2013 $120,000 10,000 80,000 5,000 If the company uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating activities for 2014? 5171,000 $215,000 $245,000 5183,000 QUESTION 40 If a corporation repurchases 500 shares of its previously-issued common stock for $5,000 and then reissues it for $4,000, which of the following statements is true regarding the difference in the amounts of the repurchase and reissuance? It is reported as a loss on the sale of treasury stock. It is reported as a gain on the sale of treasury stock. It is a decrease in stockholders' equity. It is an increase in stockholders' equity. QUESTION 41 Which of the following is one of the elements of stockholders' equity? Net income Dividends payable Retained earnings Loss on the sale of equipment Question Completion Status: Which of the following is not an investing activity? Purchase of investments for cash. Purchase of equipment for cash. Sale of merchandise for cash. Sale of land for cash. QUESTION 43 A company reported the following information in its 2014 annual report: Cash flows from operating activities Additions to property, plant and equipment Proceeds from disposals of property, plant and equipment Total payments expected to retire long-term debt over the next 5 years $295.000 110,000 57.000 250,000 What is the cash flow adequacy ratio for 2014? 6.96 5.90 3.70 0.74 Question Completion Status: If a financial analyst wants to measure the relationship between profitability and the investment made by stockholders, the analyst should use the return on equity ratio. earnings per share. net profit margin percentage. operating margin percentage. QUESTION 45 Lakeshore Industries This company reported the following information on its recent balance sheet: Common stock, 510 par, 100,000 shares authorized, 75,000 shares issued and outstanding Refer to Lakeshore Industries. What is the effect of a 10% stock dividend if the market price of the common stock is $30 per share when the stock dividend is declared? A stock dividend has no impact on any of the stockholders' equity accounts. Total stockholders' equity increases $75.000. Cash increases $300,000. $225,000 of retained earnings is transferred to the capital stock accounts. C h itin mind mit Chal Saue All Answers to save all answers

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